Keywords: Automotive
Automaker Hyundai Motor Company has temporarily halted sales of certain 2026 models of the Hyundai Palisade in United States and Canada following a safety concern involving the vehicle’s power seat system. The company announced that a stop-sale measure has been introduced for specific Palisade......
The French automotive group Renault has revealed a new concept vehicle called the Bridger, a compact SUV designed with a global ambition but strongly inspired by the needs of the Indian market. The unveiling took place during a presentation outlining the company’s medium-term strategy for the coming......
German sports car manufacturer Porsche is preparing a strategic shift aimed at restoring growth and strengthening investor confidence. Under the leadership of its new chief executive officer, Michael Leiters, the company is expected to prioritize cost reductions and place renewed emphasis on traditional......
Morocco’s automotive exports rose to more than MAD 12.24 billion, or $1.34 billion, in January 2026, marking a 19.1 percent increase from the same month a year earlier, according to data released by the Exchange Office. The sector’s expansion contrasted with a 2.7 percent decline in overall......
Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive......
British luxury carmaker Aston Martin has announced plans to reduce its workforce by around 20 percent as it faces mounting financial pressure linked to higher tariffs in key markets such as the United States and China, as well as broader economic uncertainty affecting the global automotive......
Preliminary data for 2025 published by Destatis highlight a strong acceleration in trade relations between Morocco and Germany, with total bilateral trade surpassing 7.3 billion euros for the first time. According to updated foreign trade statistics, commercial exchanges between......
Stellantis revealed Thursday it will record about €22.2 billion in charges as part of a sweeping business reorganization, admitting the automaker vastly overestimated electric vehicle adoption rates and alienated customers in the process. This massive write-down ranks among the largest one-time......
Stellantis, the multinational automotive group, saw its shares tumble by 15% at the opening of the Paris Stock Exchange on Friday following the announcement of €22 billion in exceptional charges for its 2025 financial results. The company attributed these charges to a significant overestimation......
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